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NEW YORK ( TheStreet) -- Valspar Corporation (NYSE: VAL) hit a new 52-week high Thursday as it is currently trading at $50.31, above its previous 52-week high of $49.96 with 199,570 shares traded as of 10:05 a.m. ET. Average volume has been 767,600 shares over the past 30 days. Valspar has a market cap of $3.91 billion and is part of the basic materials sector and chemicals industry. Shares are up 26.9% year to date as of the close of trading on Wednesday. The Valspar Corporation, together with its subsidiaries, manufactures and distributes coatings, paints, and related products worldwide.